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Australia-EU FTA an opportunity to remove tariffs on resources trade

By: Esmarie Swanepoel     23rd May 2018 The Australian resources sector has welcomed the start of free trade agreement (FTA) negotiations between Australia and the European Union (EU), with the Minerals Council of Australia (MCA) saying it would present a significant opportunity to boost trade, investment and economic engagement... 

Australia’s MCA welcomes gold report

By: Esmarie Swanepoel     18th May 2018 The Minerals Council of Australia (MCA) has welcomed a new report by the World Gold Council (WGC), which states that gold will continue to be valued over the next 30 years, with new uses for gold meaning new opportunities for producers. “New uses for gold including in antibiotics, smartphones... 

Budget highlights mining’s fundamental role in Australian economy

By: Esmarie Swanepoel     9th May 2018 The Minerals Council of Australia (MCA) has called for economic reforms to boost investment in the resources sector, after the federal Budget revealed that the industry is accounting for a significant portion of revenue. The MCA’s interim CEO, David Byers, said on Wednesday that the record... 

Miners warn new NT royalty proposal to hurt investment

By: Esmarie Swanepoel     20th April 2018 The resources sector has warned the Northern Territory government that adjustments to its royalty system could hamper investment in the region. Northern Territory Treasurer Nicole Manison on Friday announced the introduction of a hybrid royalty scheme as part of the territory government’s plans... 

Stronger commodity prices boost Australia’s resources tax take

By: Esmarie Swanepoel     11th April 2018 Australia’s resources sector paid some A$12.1-billion in company tax in 2016/17, nearly four times what was paid in 2015/16, a new report by advisory firm Deloitte Access Economics has revealed. The 2016/17 contribution was the highest since the mining investment boom in 2011/12, the report,... 

BHP quits World Coal Association over differences in climate policies

By: Esmarie Swanepoel     5th April 2018 Mining major BHP has taken the decision to discontinue its membership of the World Coal Association (WCA), citing “material differences” in their respective climate change policies. The diversified giant also said on Thursday that the decision was also taken in light of the “narrow range of... 

Australia pumps A$50m into drilling research

By: Esmarie Swanepoel     28th March 2018 The Australian federal government on Wednesday announced a A$50-million investment into research aimed at better equipping the mining and resources sector to manage future challenges. Resources and Northern Australia Minister Matt Canavan said the funding would come from the Cooperative... 

Australia ‘ill prepared’ for US tax reforms – tax specialist

By: Esmarie Swanepoel     26th March 2018 A new report by the Minerals Council of Australia (MCA) has warned that Australia could struggle to compete for investments as the US employs tax reforms. International tax specialist Dr Jack Mintz believes that Australia is “ill prepared” to deal with the global implications of the US... 

Australian Minerals Council backs TPP

By: Esmarie Swanepoel     12th March 2018 The Minerals Council of Australia (MCA) has again lobbied for the Trans-Pacific Partnership (TPP), joining nine other national industry groups in issuing a policy brief setting out the reasons Australia should support the regional trade agreement. The TPP, which was signed by Trade Ministers... 

Native title laws cause uncertainty in mining circles – MCA

By: Megan van Wyngaardt     9th March 2018 Australian minerals companies have called for urgent amendments to native title laws to remove uncertainty created by court decisions which cast doubt over the status of mining leases and tenements, the Minerals Council of Australia (MCA) said on Friday. The MCA’s submission to the... 

Australian minerals sector calls for workplace relations, education reform to build future workforce

By: Creamer Media Reporter      20th February 2018 Australia’s higher education system should be reformed and outdated workplace relations laws that discourage investment and stifle innovation and efficiency should be fixed to build the future Australian minerals workforce, said Minerals Council of Australia (MCA) interim executive director David... 

MCA says trade data underscores mining’s importance to Australian economy

By: Anine Kilian     9th February 2018 Trade data from the Australian Bureau of Statistics released this week has again confirmed the importance of the mining industry to the Australian economy and the continuing benefits of the mining boom, the Minerals Council of Australia (MCA) said on Friday. The data shows that in 2017,... 

MCA wants Australian govt to rethink nuclear stance

By: Esmarie Swanepoel     1st September 2017 The Minerals Council of Australia (MCA) has called on the Australian government to rethink its nuclear prohibition, saying the ban on nuclear power could no longer be afforded given the country’s current energy challenges. “Nuclear power is off the table in Australia – literally banned,” the... 

MCA, federal Minister blast Victoria’s renewable energy targets 

By: Esmarie Swanepoel     25th August 2017 The Minerals Council of Australia (MCA) has blasted the Victorian government’s attempts to legislate renewable energy targets of 40% by 2025, warning that it would see energy costs in the state further increase. The state government this week introduced legislation to the state Parliament to... 

Data shows Oz mining receives limited govt assistance

By: Esmarie Swanepoel     1st August 2017 Recent data by the Productivity Commission has revealed that the Australian mining sector received negligible assistance from the federal government during 2015/16. In its latest industry assistance review, the Productivity Commission notes that out of the A$15-billion in total industry... 

MCA calls for GST reform to ‘restore fairness’

By: Esmarie Swanepoel     24th July 2017 The Minerals Council of Australia (MCA) believes Australia’s complex system for sharing nearly A$60-billion in goods and services tax (GST) revenues between the states and territories is broken as evidenced by the fact that Western Australia loses more GST than it collects in iron-ore mining... 

MCA warns of new Victorian coal policy

By: Esmarie Swanepoel     11th July 2017 The Minerals Council of Australia (MCA) has warned that the Victorian government’s policy on the future use of coal in the state perpetuates the ‘closed for business’ reputation that the current government has earned. Resources Minister Wade Noonan at the end of last week announced a policy on... 

MCA calls for reform of GST revenue distribution

By: Esmarie Swanepoel     9th June 2017 New research by the Minerals Council of Australia (MCA) has highlighted “economic distortions and inequities” in the federal government’s distribution of the goods and services tax (GST) revenues between the states and territories. MCA CEO Brendan Pearson said on Friday that over the last 15... 

Coal industry expresses ‘serious concern’ about Australia’s electricity market review

By: Mariaan Webb     5th June 2017 The Australian coal industry has expressed “serious concern” about reports that the Finkel review of the national electricity market has turned its back on coal-fired electricity, in favour of renewable energy. Minerals Council of Australia CEO Brendan Pearson said on Monday that the country... 

Peru FTA to unlock opportunities for Australian exporters

By: Esmarie Swanepoel     25th May 2017 The Minerals Council of Australia (MCA) has welcomed a possible free trade agreement (FTA) with Peru, saying Australia’s mining and mining services sectors could benefit from the agreement Australian Trade, Tourism and Investment Minister Steven Ciobo this week launched FTA negotiations with his... 

MCA calls for nuclear energy in Australia

24th May 2017 The Minerals Council of Australia (MCA) has urged the Australian government to consider nuclear energy in the nation’s future. Speaking at the Paydirt South Australian Resources and Energy Investment conference, MCA’s executive director for uranium, Daniel Zavattiero, said that Australia’s... 

Australia to benefit from ‘TPP minus one’ free trade deal – MCA

By: Esmarie Swanepoel     22nd May 2017 The Minerals Council of Australia (MCA) has welcomed the revival of the Trans-Pacific Partnership (TPP), saying Australia would stand to gain significant economic benefits from the regional trade agreement. Eleven Asia-Pacific countries, including Australia, over the weekend agreed to revive the... 

Australian resources sector welcomes Budget

By: Esmarie Swanepoel     10th May 2017 The Australian resources sector has welcomed the federal Budget, particularly a A$28.7-million investment in the east coast gas security, and over A$70-billion to 2021 on transport infrastructure across Australia. Minister for Resources Matt Canavan said on Wednesday that the A$28.7 million east... 

Report highlights mining, Mets sectors’ contribution to Aus economy, jobs

By: Esmarie Swanepoel     29th March 2017 New data by advisory firm Deloitte Access Economics has shown that the mining and mining equipment, technology and services (Mets) sectors contributed 15% of Australia’s gross domestic product in 2015/16, delivering some A$236.8-billion. The report, which was commissioned by the Minerals Council... 

MCA calls for Australia’s pursuit of trade liberalisation

By: Esmarie Swanepoel     28th March 2017 The Minerals Council of Australia (MCA) has proposed a number of measures to boost Australia’s international engagement in its submission to the federal government’s Foreign Policy White Paper, calling on the government to pursue further trade liberalisation, maintain an open foreign investment... 

Carmichael to proceed despite renewed outcry from green lobby – MCA

By: Esmarie Swanepoel     23rd March 2017 The Minerals Council of Australia (MCA) has labelled the latest environmental resistance against the $16.5-billion Carmichael coal project, in Queensland, as “futile and cynical attention seeking”. The MCA was responding to an announcement by former Greens party leader Bob Brown, in which he said... 

MCA questions why coal was left out of South Australia’s new energy plan 

By: Esmarie Swanepoel     15th March 2017 The Minerals Council of Australia (MCA) has blasted the South Australian government’s decision not to include coal in its new energy plan. The state government this week announced a A$550-million plan to secure energy supply, which would see, besides other initiatives, the construction of... 

Research shows high Australian company tax rate is deterring investment

By: Esmarie Swanepoel     10th March 2017 Research conducted on behalf of the Minerals Council of Australia (MCA) has shown that the Australian company tax rate may be detrimental to future capital investment. The report, by tax expert Dr Jack Mintz explains that, with many other countries having reduced their company tax rates to... 

MCA urges states to do more to attract mining investment

By: Esmarie Swanepoel     1st March 2017 The Minerals Council of Australia (MCA) has urged state and territory governments to “raise their game” to attract mining investment, pointing to the latest data from the Canada-based Fraser Institute that shows Australian states are slipping in terms of investment attractiveness and policy... 

MCA welcomes WTO trade facilitation agreement

By: Esmarie Swanepoel     23rd February 2017 The Minerals Council of Australia (MCA) has welcomed the entry into force of the World Trade Organisation’s (WTO's) trade facilitation agreement (TFA) as a significant milestone for the multilateral trading system. The WTO this week announced that more than 110 countries had ratified the TFA,... 

MCA echoes call for Australia to adopt clean-coal technology

By: Esmarie Swanepoel     9th February 2017 The Minerals Council of Australia (MCA) has made a case for high-efficiency, low-emission (HELE) coal technology, echoing calls by Prime Minister Malcolm Turnbull that clean-coal technologies should be considered in the future of Australia’s electricity sector. Turnbull recently said more focus... 

Australian miners launch new campaign to defend against anti-mining sentiment

By: Esmarie Swanepoel     6th February 2017 The Australian mining industry has launched a new publicity campaign to combat the anti-mining sentiment broadcast by green activists. Minerals Council of Australia CEO Brendan Pearson said the Making the Future campaign will explain the current and future contribution of the mining sector to... 

Turnbull emphasises Australia’s need for coal, gas as baseload energy sources

By: Esmarie Swanepoel     2nd February 2017 The Minerals Council of Australia (MCA) has welcomed Prime Minister Malcolm Turnbull’s comments that both coal and natural gas have a significant role to play in Australia’s energy future. “We have an abundance of coal, gas, sun and wind resources, not to mention uranium. Yet, our energy is among... 

Consumers to feel impact of Victoria brown coal royalty rate hike – MCA

By: Esmarie Swanepoel     9th January 2017 The Minerals Council of Australia (MCA) has slammed plans by the Victorian government to raise the royalty rate for brown coal extracted in the state. Treasurer Tim Pallas in April 2016 announced the royalty rate increase, which came into effect on January 1 this year. The brown coal industry... 

Grylls iron-ore tax to deliver ‘next-to-no benefits’ to Western Australia – MCA  

By: Esmarie Swanepoel     12th December 2016 A new report by the Minerals Council of Australia (MCA) has shown that the iron-ore tax proposed by the Western Australian Nationals party would deliver next to no benefits to the state government. MCA CEO Brendan Pearson said on Monday that the modelling of the impact of the proposed tax on... 

Australian miners paid more than half of 2014/15 profits in tax

By: Esmarie Swanepoel     9th December 2016 The Australian minerals industry faced an effective tax rate of 54.3% in 2014/15 – the highest burden for nearly a decade, new research by advisory firm Deloitte Access Economics has shown. The Annual Tax Survey, commissioned by the Minerals Council of Australia (MCA), showed that more than half... 

Victoria jeopardising jobs and investment – MCA

By: Esmarie Swanepoel     2nd December 2016 The Minerals Council of Australia (MCA) has lashed out at the Victorian government, saying that much-needed new jobs and investment in the resource sector were being delayed or missed owing to antiquated approvals processes and uncertainty. MCA acting executive director for Victoria Gavin Lind on... 

Fast-developing Asian nations to underpin coal demand

By: Esmarie Swanepoel     17th November 2016 Strong economic development in South East Asia and India will underpin global coal demand, which is set to return to 2014 levels in the next four years, paving the way for Australia to increase its share of global trade. Citing the World Energy Outlook (WEO) 2016 report by the International... 

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